40 Cavell Avenue, Toronto
Home for Sale

$3,079,000
List Price
3500-5000
Square Feet
9 bed
6 bath

MLS#: W7314004

About this Listing

Welcome to 40 Cavell Ave, a 6 Unit Multiplex with a fantastic 4.25% cap rate, in an area experiencing an incredible amount of growth by way of several mixed-use condo development projects nearby. A fantastic opportunity for investors looking to secure a foothold in the area. 3 2-bedroom apartments, 1 Massive 1-bedroom apartment, & 2 1-bedroom apartments. Modern Upgrades to majority of units, hallways, stairs and exterior. Separately metered units (7), Coin Laundry for added income, Expansive Rear Parking - 8 spots. Opportunity to add units to existing structure, Large Tenant Green space in Front Yard. Steps to Mimico GO Station, QEW, Lakeshore, Parks, Schools, San Remo's. High Return, Minimal Management turn-key building. Fire Inspection 2021. See agent for Income.

Newer Furnace & Boiler (6 Years), 4080 Square Feet Above Grade, and Additional Almost 2000 Square Feet Below Grade.

Broker: Royal Lepage Signature Realty

Listing Details

$8,256
Taxes

29.64x163.4
Lot Size

Finished
Basement

Rooms

No room data available.

Book a showing with us!

Natasha
Learie
Travis
Share Listing